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Basic Question 1 of 4

Which factor is the main reason that private companies may take a longer term perspective when developing company strategies?

A. Stage in lifecycle.
B. Overlap of shareholders and management.
C. Quality of management.

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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu

Edward Liu

Learning Outcome Statements

compare publicly and privately owned corporate issuers

CFA® 2024 Level I Curriculum, Volume 2, Module 1.